Why all of a sudden tech companies are not being favorable to their users?

lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world – 1572 points –

YouTube disallowing adblockers, Reddit charging for API usage, Twitter blocking non-registered users. These events happen almost at the same time. Is this one of the effects of the tech bubble burst?

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Greedy capitalists believe line must always go up. They will sacrifice every moral principle to their invisible hand god.

What's their alternative?

Be satisfied with just making a profit instead of wanting infinite growth.

Oh my God are you ever speaking my language here.

I dunno, maybe 439 million dollars of revenue reported by reddit in 2021 is, I dunno, lots?

If they don't have a sustainable business model, they don't have to operate at a loss for years either. Maybe it's better to let reddit die and transfer to a model that makes more sense. I think that smaller instances with users and moderators voluntarily paying server costs like in the fediverse seems like a much better solution than companies trying to gain a monopolistic position so that they can then ruin their product in order to make money off of it.